Electric Vehicle Industry Update – Full Steam Ahead for EVs
Tesla Q4/2019 Earnings Beat Consensus Estimate, GM Invests $2.2B into EVs, and UPS buys 10,000 EVs. [more]
Tesla Q4/2019 Earnings Beat Consensus Estimate, GM Invests $2.2B into EVs, and UPS buys 10,000 EVs. [more]
Apple beat from services growth and Facebook showed growing advertisement and cloud revenues, while Google beat-the-street on revenue but missed on earnings from higher traffic acquisition costs. [more]
Netflix beat analyst earnings expectations for Q3/2019, but weak guidance, increased competition, and continued losses in operating cash flows has continued its stock price’s decline. [more]
Piper Jaffray conducted its 38th biannual survey of U.S. teens – overall spending decreased by 4% with YouTube, Nike, and Amazon popular among this demographic. [more]
Last week, NASA posted then quickly retracted a paper written by Google’s researchers outlining a claim that the tech company built the first quantum computer while citing the term “quantum supremacy”, which means the computing power has reached a point capable of carrying out calculations previously impossible or more specifically, too time exhaustive, to carry out. [more]
Large tech companies have been developing products for the lucrative and growing online & mobile gaming industry and are introducing subscription-based gaming platforms, such as Google Stadia and Apple Arcade. [more]
The attorney generals of all 50 U.S. states and territories announced antitrust investigations of Alphabet, Google’s parent company, Could Google face the same fate that happened to AT&T in 1984? [more]
The U.S. Department of Justice announced that it will instigate an antitrust review on market leading online platforms. [more]
Major tech companies are expected to release earnings: Alphabet Inc. Amazon.com, Inc. , Apple Inc., and Facebook, Inc. are expected to release earnings at the end of July. [more]
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